Block cheese price declined 5 cents, closing at $1.5975 with 2 loads traded. Barrel cheese price fell 9 cents, closing at $1.4650 with 4 loads traded. Both block and barrel prices declined below the level they were last Friday. The market ran on a lot of emotion this week due to the stimulus bill, which has not been signed and may need some type of overhaul. The bill will be signed, but the provisions and the impact for dairy are unknown. Uncertainty will continue to dominate the market. Butter price remained unchanged at $1.5250 with no loads traded. Grade A nonfat dry milk price remained unchanged at $1.1475 with no loads traded. Dry whey was steady at 46.75 with no loads traded. Class III futures are 52 cents lower to 4 cents higher. January shows the greatest loss while December posts the only gain. Class IV futures are 12 cents lower. Butter futures are 0.25 to 1.95 cents lower. Dry whey futures are 0.35 cent lower to 0.85 cent higher. Market closed at noon CST.
